We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Nobody downloaded yet

Financial Analysis - Southwest Airlines case - Essay Example

Comments (0)
Summary
South-west airlines faced a number of regulatory and legal hurdles at the time of its incorporation but it eventually emerged as one of the most profitable airlines of US. Herb Kelleher who fought the legal battle for the airline and later became its CEO and Chairman ingrained a…
Download full paper
GRAB THE BEST PAPER
Financial Analysis - Southwest Airlines case
Read TextPreview

Extract of sample
Financial Analysis - Southwest Airlines case

Download file to see previous pages... This attitude is also visible in the recruitment activities of the airlines. While hiring new people the airlines gives preference to candidates with a combative and hardworking spirit. Besides this in the hiring process the airline officials look for traits like dedication, sense of humor and extroverted people with an empathetic attitude in dealing with the peoples’ emotions.
The airline gives special emphasis to learning and expects its employees to learn even from the day to day job experiences. Leadership courses designed for the airline managers emphasize on encouraging, empowering and coaching and are not limited to supervision or rule enforcement. Through regular courses the cultural themes like trust, teamwork, diversity and harmony are ingrained in the employees and supervisors.
The supervisory positions in the airline are mainly filled internally as it is the belief of the management that the people who had been in the system are better equipped in handling and understanding the beliefs of the co-workers and find acceptance among the peer. This concept of internal job promotion motivates the employees to put in their best performance. The compensation offered by the airline is higher than the industry standards and it also consists of a plan for profit-sharing for the senior employees. The company has a non-adversarial and harmonious relationship with the employee unions. Airline’s contract with the employee union does not consist of any restrictive rules permitting even the pilots, gate-keepers and ticket agents to perform loading and unloading work. South-west airline has a “no-layoff policy”. This is because the company is of the belief that laying-off people is only a short term measure of increasing business profits. Instead the company seeks to build a sense of trust with the employees as this makes the employees more loyal towards the company. For this reason the company has been successful in building a good-will with ...Download file to see next pagesRead More
Comments (0)
Click to create a comment or rate a document
CHECK THESE SAMPLES - THEY ALSO FIT YOUR TOPIC
Business Analysis of Southwest Airlines Corporation
Term Paper Title Name Final Term Paper Section Number Date Table of Contents Assignment 3 1) Cost-benefit analysis refers to the evaluation of the advantage and the cost incurrence in undertaking a given project. It helps in decision making, since if the cost is found to be more than the benefits, then it is not worth investing in the project and vice versa.
9 Pages(2250 words)Essay
Strategic Management - Southwest Airlines
Possible strategies and their impacts for the organization (Grand Strategy Matrix) 5. Alternative Strategies (Corporate, Business, and Functional)-Bundles of Strategy Strategic Formulation: A Case Study of Southwest Airline 1. Introduction Few Airline industries have been as successfully strategic despite a number of organizational bottlenecks like Southwest Airline.
8 Pages(2000 words)Essay
Low cost Airlines (Southwest Airlines)
The company has a unique business model of careful financial planning, control, efficient costing and a quick decision making process. Such unique business models have been known to ensure continued success in business organisations (Schein, E. H. 1980).
5 Pages(1250 words)Essay
Southwest Airlines Case Study
It was started in 1967 in Dallas Texas. It is the largest domestic airline in the USA as of 2011 and operates nearly 3300 flights every day. It ahs recently acquired and integrated with Air Tran, another carrier to expand its fleet, reach and area of operation to a more regional base.
6 Pages(1500 words)Essay
SouthWest Airlines Case Analysis
Southwest currently operates only Boeing 737. Today, the company's operating fleet was composed of 537 Boeing 737 aircraft, each having 189 seats, with an average age of approximately 10.5 years. The average aircraft trip length is 639 miles with an average duration of one hour and 54 minutes.
13 Pages(3250 words)Case Study
Southwest Airlines Case Anaylsis
Southwest Airline Company was founded in 1971 by Rollin King and Herb Kelleher. These two individuals were driven by the notion that concerned getting passengers to their different destination when they wish, at the time they want, at the minimum charges and ensuring that they enjoy their journey.
40 Pages(10000 words)Essay
Marketing Strategy, SOUTHWEST AIRLINE
This is because there is a general global recession which has reduced the number of leisure travelers and there are job cuts due to which travelling has become expensive and unaffordable for the people. Moreover there has been a fluctuation in the prices of oil and gas which has lead to increase in costs for the airlines.
14 Pages(3500 words)Essay
Southwest Airlines Essay
Its corporate culture, famously non-traditional, increased employee loyalty and productivity. The influence of that culture on its business model and strategic implementation resulted in a highly successful business. The combination of a low-cost strategy and distinctive culture has allowed Southwest Airlines to position itself as an industry leader while remaining a very popular place to work.
10 Pages(2500 words)Essay
Case study-Southwest Airlines
ears ago, the airline has grown to become one of the largest airlines in America today, flying more than 80 million passengers annually to 62 cities across USA more than 3100 times in a day. The success of the airline can be attributed to its organizational strategy and
5 Pages(1250 words)Essay
Southwest airlines Comparative Analysis
(Hoffer, 211) The company success is attributed to its ability to under price its competitors, the company offers low priced tickets and therefore it
6 Pages(1500 words)Essay
Let us find you another Essay on topic Financial Analysis - Southwest Airlines case for FREE!
Contact us:
+16312120006
Contact Us Now
FREE Mobile Apps:
  • About StudentShare
  • Testimonials
  • FAQ
  • Blog
  • Free Essays
  • New Essays
  • Essays
  • The Newest Essay Topics
  • Index samples by all dates
Join us:
Contact Us